Cities need to move their money

Two weeks after Portland mayoral candidate state and Rep. Jefferson Smith publicly challenged Portland to move some of its money to local credit unions, Mayor Sam Adams this morning said he would pursue the cause.

The mayor's comments came during the public testimony portion of Wednesday's regular Portland City Council meeting and follow on the heels of the Occupy Wall Street movement and related protests against national banks.

When Portland follows through, it will cost Wells Fargo tens of millions of dollars.

Smith, who is a rockstar in the making (seriously, remember his name) is running for mayor of Portland. He certainly does himself favors by embracing Move Your Money.

To the Oregon Legislature:

Some large corporations pay nothing - zero - in income taxes to Oregon. Unfortunately, we don't know which ones or the specific accounting tricks and loopholes they use to avoid income taxes. It's wrong that working families pay more in income taxes to support schools and other public services than some of the largest corporations doing business in Oregon. We ask the legislature to enact corporate tax disclosure and let the public know which corporations are paying their fair share.

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This petition sponsored by BlueOregon Action and Oregon Center for Public Policy. By signing, you agree to receive email updates from BlueOregon Action and Oregon Center for Public Policy about this petition and other critical issues. (You may always unsubscribe, of course.) Learn more.

To the Oregon Legislature:

Some large corporations pay nothing - zero - in income taxes to Oregon. Unfortunately, we don't know which ones or the specific accounting tricks and loopholes they use to avoid income taxes. It's wrong that working families pay more in income taxes to support schools and other public services than some of the largest corporations doing business in Oregon. We ask the legislature to enact corporate tax disclosure and let the public know which corporations are paying their fair share.

First Name*

Last Name*

Email Address*

Zip Code*

This petition sponsored by BlueOregon Action and Oregon Center for Public Policy. By signing, you agree to receive email updates from BlueOregon Action and Oregon Center for Public Policy about this petition and other critical issues. (You may always unsubscribe, of course.) Learn more.